The Times Australia
Google AI
News From Asia

.

AUX Commences Trading on Hong Kong Stock Exchange, Launching New Chapter in Global Growth

HONG KONG SAR - Media OutReach Newswire - 10 September 2025 - AUX Electric Co., Ltd. (Stock Code: 2580.HK), the core air conditioning business of AUX Group, listed on the Hong Kong Stock Exchange on September 2nd.

As the third major Chinese air conditioning company to list on the exchange, the event marks a milestone for the industry reflecting AUX's philosophy of "quality as the cornerstone, innovation as the soul."

AUX Group Chairman Zheng Jianjiang (center) and Lü Meng, CEO of the AC Division (third from right), celebrate the company
AUX Group Chairman Zheng Jianjiang (center) and Lü Meng, CEO of the AC Division (third from right), celebrate the company's listing on the Hong Kong Stock Exchange with members of the leadership team. Image Credit: Courtesy of AUX Group

The listing capped a landmark week for the company, which began with its "New Chapter, New Mission" Global Partner Summit in Hangzhou on August 31. At the summit, the company announced its global market position, a ranking confirmed by a Frost & Sullivan certification, which confirmed that "AUX Ranked No.3 by Cumulative Sales Volume of Household Split Type Air Conditioners Globally for Seven Years (from 2018 to 2024)." This achievement solidifies the position of the industry veteran of over 30 years as a leader in the HVAC sector.

This market leadership is driven by a four-pillar strategy encompassing a globalized layout, a collaborative ecosystem, a complete industrial chain, and a full life-cycle service model. Pioneering innovations include the direct-to-consumer model and the industry's first voice-controlled air conditioners with offline interaction that understands various dialects and foreign minority languages. As one of only three companies in the industry to master the integrated R&D and production of compressors, AUX has achieved end-to-end control of its industrial chain.

Building on this new foundation, AUX will continue to deepen its global market presence, where its business already spans over 150 countries and overseas revenue accounted for half of total income in Q1 2025. The company will utilize a multi-brand portfolio that includes brands such as AUX, HUTSSOM, AUFIT, and ShinFlow, to transform from an air conditioner manufacturer into a provider of smart air solutions.

Guided by its commitment to "quality and innovation," AUX will continue to develop original products with innovative technology, enrich the user experience with exceptional service, and respond to the diverse needs of global customers, illuminating its path of value.
Hashtag: #AUX #IPO #HVAC #HKEX






Wechat: 奥克斯空调

TikTok:

The issuer is solely responsible for the content of this announcement.

Times Magazine

Does Cloud Accounting Provide Adequate Security for Australian Businesses?

Today, many Australian businesses rely on cloud accounting platforms to manage their finances. Bec...

Freak Weather Spikes ‘Allergic Disease’ and Eczema As Temperatures Dip

“Allergic disease” and eczema cases are spiking due to the current freak weather as the Bureau o...

IPECS Phone System in 2026: The Future of Smart Business Communication

By 2026, business communication is no longer just about making and receiving calls. It’s about speed...

With Nvidia’s second-best AI chips headed for China, the US shifts priorities from security to trade

This week, US President Donald Trump approved previously banned exports[1] of Nvidia’s powerful ...

Navman MiVue™ True 4K PRO Surround honest review

If you drive a car, you should have a dashcam. Need convincing? All I ask that you do is search fo...

Australia’s supercomputers are falling behind – and it’s hurting our ability to adapt to climate change

As Earth continues to warm, Australia faces some important decisions. For example, where shou...

The Times Features

Designing an Eco Conscious Kitchen That Lasts

Sustainable kitchens are no longer a passing trend in Australia. They reflect a growing shift towa...

Why Sydney Entrepreneur Aleesha Naxakis is Trading the Boardroom for a Purpose-Driven Crown

Roselands local Aleesha Naxakis is on a mission to prove that life is a gift...

New Year, New Keys: 2026 Strategies for First Home Buyers

We are already over midway through January, and if 2025 was anything to go by, this year will be o...

How to get managers to say yes to flexible work arrangements, according to new research

In the modern workplace, flexible arrangements can be as important as salary[1] for some. For ma...

Coalition split is massive blow for Ley but the fault lies with Littleproud

Sussan Ley may pay the price for the implosion of the Coalition, but the blame rests squarely wi...

How to beat the post-holiday blues

As the summer holidays come to an end, many Aussies will be dreading their return to work and st...

One Nation surges above Coalition in Newspoll as Labor still well ahead, in contrast with other polls

The aftermath of the Bondi terror attacks has brought about a shift in polling for the Albanese ...

The Fears Australians Have About Getting Involved With Cryptocurrency

Cryptocurrency is no longer a fringe topic. It is discussed in boardrooms, on trading apps, and at...

The Quintessential Australian Road Trip

Mallacoota to Coolangatta — places to stay and things to see There are few journeys that captur...